Walker & Dunlop Arranges $223 Million Bridge Financing for Five Southeast Multifamily Communities

FinancingMultifamilySoutheastNorth CarolinaSouth CarolinaFloridaIndian LandPensacolaCharlotteRaleighSt. JohnsSun Belt
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BETHESDA, Md. — Walker & Dunlop, Inc. (NYSE: WD) has arranged more than $223 million in bridge financing for a portfolio of five multifamily communities across the Southeast on behalf of Madison Capital Group, the firm announced June 4.

The financing was structured through multiple debt fund lenders and spans market-rate multifamily properties in North Carolina, South Carolina, and Florida. The five financings closed over the past nine months, collectively covering 1,345 units across Sun Belt markets.

Portfolio Properties and Locations

The five multifamily properties included in the financing are:

  • The Caroline — Indian Land, South Carolina
  • Madison Shores — Pensacola, Florida
  • Madison at Ashley Park — Charlotte, North Carolina
  • Madison Wakefield — Raleigh, North Carolina
  • Madison Fountains — St. Johns, Florida

According to Walker & Dunlop, the communities are located near major employment centers, transportation corridors, and retail destinations throughout the Southeast.

Financing Structure and Strategy

Walker & Dunlop Capital Markets Real Estate Finance led the transaction, with the deal team headed by Walker Layne, managing director of Capital Markets Real Estate Finance, alongside Austin Sneed and Tyler Evenson.

The loans were structured as flexible floating-rate bridge financing arranged with multiple debt fund lenders. Walker & Dunlop said the structure was designed to provide Madison Capital Group with additional flexibility as the firm continues to execute its multifamily investment strategy.

"By structuring flexible floating-rate bridge financing, we were able to provide a tailored execution strategy that aligned with the business plans for each asset while maximizing optionality in an evolving capital markets environment," said Layne.

Market Conditions

Both Walker & Dunlop and Madison Capital Group cited strong underlying market conditions as a driver of the transaction. Collin Ross, senior vice president of portfolio management at Madison Capital Group, pointed to sustained population growth, employment expansion, and long-term housing demand as key factors underpinning the portfolio's markets.

"We continue to see strong fundamentals across Sun Belt multifamily markets, particularly in communities benefiting from sustained population growth, employment expansion, and long-term housing demand," Ross said. "Walker & Dunlop's market knowledge and lender relationships helped us efficiently execute these financings while positioning the portfolio with flexibility to capitalize on continued growth opportunities throughout the Southeast."

Walker & Dunlop's Capital Markets Platform

In 2025, Walker & Dunlop's Capital Markets team sourced more than $22 billion from non-agency capital providers, including nearly $16 billion for multifamily properties. Walker & Dunlop describes itself as one of the largest commercial real estate finance and advisory services firms in the United States.

Walker & Dunlop said the $223 million financing highlights continued liquidity for well-positioned multifamily properties in high-growth Sun Belt markets.

Sources

Walker & Dunlop — $223 Million Bridge Financing for Multifamily Portfolio (June 4, 2026)